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Chinese automaker BYD's push for global expansion faces challenges in Japan

Business Standard LogoBusiness Standard5h ago

Chinese automaker BYD's push for global expansion faces challenges in Japan - Business Standard

Quick Summary:

EV sales have been slow in Japan because Toyota and other domestic automakers have focused more on hybrid technology.

An industry ministry official said the aim of the change was to create an environment where EVs were used sustainably and promoted "in a Japanese way".

To win over Japanese drivers, BYD has offered discounts on the first 1,000 cars sold of its newest model, and is airing TV commercials starring a Japanese actress.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-05 @ 08:55:39 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 990 words

Reading Time: 6 minutes read

Sentences: 39 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22371470

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 306 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "Chinese automaker BYD's push for global expansion faces challenges in Japan" was covered 5 hours ago by Business Standard, a news publisher based in India.

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The outlet is headquartered in India and publishes an average of 306 news stories per day.

It's most recent story was published 3 hours ago.

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